Income Tax
Financial accounting

Income Tax

What is Income Tax? The money taken out from your earnings is called income tax. You might get paid after excluding the income tax. This tax on...

Expenses
Financial accounting

Expenses Definition

Expenses Definition Expenses are the overall money spent by businesses on the purchase of goods and raw material that is required to produce their...

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Net Income
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Net Income

      INTRODUCTION Net income is actually company’s total earnings. It is shown in the income statement of a company it tells that how much profit...

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Marketing

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Accounting

Liability
Financial accounting

Liability

LIABILITIES: What does the term Liability mean? A term liability is a company’s financial debt that arises during the course of its business...

Investors
Financial accounting

Investors

Investors Investors refer to an entity that can be either a person or an organization that is willing to contribute money to different kinds of...